• SRAX’s BIGtoken platform permits consumers to own, monetize their data
• The Company has teamed up with Experian(R) to provide financial services to BIGtoken users
• SRAX’s technology unlocks data to reveal brands’ core consumers across marketing channels

SRAX Inc. (NASDAQ: SRAX) is a digital marketing and consumer data management technology company based in Los Angeles, California. Through its BIGtoken platform, the Company has developed a consumer-managed data marketplace that allows people to own and get paid for the release of their digital data. Fundamentally, SRAX is at the front line of developing a consumer-managed data marketplace that gives consumers control over their information. The Company offers everyone in the Internet ecosystem choice and transparency, as well as compensation.

A vital issue today is privacy and data ownership. Increasingly, state and federal privacy laws are influencing the way that marketers can reach consumers. These laws are placing the value and control of data back in the hands of consumers, a significant move that has fueled increased consumer scrutiny of and backlash against social media platforms such as Facebook, Twitter, Snapchat, LinkedIn and others over the use of users’ data. Through BIGtoken, SRAX provides consumers the privacy and protection they seek by selling access to valuable consumer data in the form of anonymized segments—access that is gained or denied per the consumer’s permission.

Recently, SRAX and Experian announced a partnership meant to provide people with the opportunity to redeem points they’ve earned in the BIGtoken platform for access to Experian IdentityWorks (http://ibn.fm/BoMpU). Experian is the world’s foremost global-information services company. Experian IdentityWorks is a complete offering that includes features such as Experian Boost(TM), credit monitoring, FICO(R) scores and credit-card matching. Through this exclusive partnership, BIGtoken users will be able to use points to obtain access to one free year of Experian’s product.

“Experian is a leader in providing consumers with transparency around their financial data,” SRAX founder and CEO Christopher Miglino stated in a news release. “Working with Experian validates the data segment that we have built and expands options for point redemption. Further, this creates additional revenue-sharing opportunities for various financial services companies and more avenues to monetize our subscriber base in 2020.”

The SRAX/Experian partnership is rooted in the above-mentioned transparency around consumers’ financial data and the desire consumers have to receive compensation from marketers. This desire is evidenced by the fact that more than 16 million people around the world have joined the BIGtoken platform. This platform enables consumers to control what pieces of their own data are for sale and which companies can buy that data. Furthermore, as evidenced by the Experian collaboration, BIGtoken’s unique approach lines up well with Experian’s dedication to galvanizing consumers to manage their finances better.

SRAX’s tools deliver a digital competitive advantage for brands in the CPG (Consumer Packaged Goods), investor relations, luxury and lifestyle verticals. This advantage is realized through integrating all facets of the advertising experience, including verified consumer participation, into one platform. Consumers who participate are placed into advertising groups (http://ibn.fm/Bgrt4). Advertisers then purchase access to these groups, and consumers earn a portion of the revenue from the data sale. The benefit of this model is consumers’ complete control over what data they share and which companies can access the selected data.

SRAX works to provide tools to marketers, content owners and consumers that unlock the value of data. For investors, the Company is growing numerous recurring revenue streams through its different platforms. SRAX’s continued emphasis is on building the most valuable, consumer opted-in data set in the world.

For more information, visit the company’s website at www.SRAX.com

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

• Report highlights Jerrick’s “uniquely low-cost infrastructure and scalable business model” when citing company’s promising potential “to scale profitably, while taking market share from legacy platforms”
• Jerrick balance sheet “much stronger than it appears”
• Company estimated to increase quarterly revenues throughout 2020 and reach an estimated $9 million in revenues in 2021

As part of its mission to shine a light on small or micro-cap companies that are undervalued by Wall Street, renowned research company Zacks Small-Cap Research recently initiated coverage on Jerrick Media Holdings Inc. (OTC: JMDA), a holding company that creates technology products for the creative community (http://ibn.fm/fXO2v). Having concluded that Jerrick’s technology platform Vocal should scale quickly and profitably throughout 2020, Zacks provided a final estimated valuation for the company of $13.00 per share by 2021, calculated using a combination of valuation metrics. This valuation represents a significant increase from the current share price (http://ibn.fm/eoIHo).

“After five years of building its Vocal platform, Jerrick is aiming to disrupt the digital media and publishing platform space,” the Zacks report stated.

Vocal (http://ibn.fm/n3vrw) enables creators to publish media-rich digital content in a safe and secure environment that allows for maximum visibility and the opportunity to be rewarded for their content. Vocal’s revenue model is based primarily on creator and brand subscriptions. Importantly, the report notes, “Vocal does not charge readers and, crucially, is not reliant on the diminishing value proposition of intrusive display advertising.”

In valuing Jerrick, Zacks analyzed the company’s 2019 numbers and balance sheet as compared to a number of public and private comparable companies. Public companies referenced in the report included Spotify (NYSE: SPOT), Shopify (NYSE: SHOP), Etsy (NASDAQ: ETSY), Limelight Networks (NASDAQ: LLNW), and others, while private companies referenced included Patreon, Medium, and VSCO.

Looking at Jerrick’s balance sheet, Zacks noted that the company ended the third quarter with $167,000 in cash reserves, $7.3 million in debt and a negative $8.1 million in working capital. “However, with the current capital raise, this will change drastically,” stated the report, which noted that Jerrick had filed an S-1 outlining the company’s plan for a $6–7 million capital raise and plans for uplisting to the Nasdaq Capital Market. “After the deal, primary shares outstanding should be closer to 12 million. Even without this raise, the balance sheet is much stronger than it appears.”

With a nod at Jerrick’s steadily growing body of over 500,000 Vocal creators (i.e. customers) as well as its ability to engage top brands looking to interact with customers on Vocal, Zacks forecasts favorable conditions for the company’s growth. Jerrick continues to expand Vocal’s product offerings, most recently with the launch of creator Challenges in January 2020 (http://ibn.fm/jiDgN). Challenges enable creators to participate in various themed storytelling contests across a diverse range of topics and interests for the chance to win cash prizes, experiences, and more. Additionally, brands can sponsor Challenges as a way to tap into Vocal’s powerful network of quality creators and highly engaged audiences and generate brand awareness in a valuable and non-invasive way.

In light of this growth as well as future platform expansion plans (http://ibn.fm/WdLgD), “Jerrick should be able to increase quarterly revenues throughout [2020] based on increasing paid subscriber numbers, increased business with brands and continue[d] growth in ecommerce business at Seller’s Choice.”

With respect to its forecasts and valuation for Jerrick, the Zacks report noted, “Based on an industry standard range of 7-21x, enterprise value to sales, Jerrick common stock could be valued at between $62 – $190 million by 2021.” Zacks’ final valuation for the company was set at $13.00 per share by 2021, which they calculated using the averages of the valuation metrics from both of the public and private comparative analysis data.

Given its high scalability evaluation and strong balance sheet, Jerrick poses an attractive option for evaluation by investors looking to break into the burgeoning industry of digital content platforms.

The full report by Zacks Small-Cap Research can be found at http://ibn.fm/AlCPf.

Jerrick Media Holdings Inc. develops technology-based solutions to solve digital problems. Through the combination of design, thought and data analysis, the company builds products that influence a worldwide audience. Jerrick’s flagship product is Vocal, a proprietary long-form digital publishing platform that provides storytelling tools and engaged communities for creators to get discovered and fund their creativity.

Those interested in weekly news from Jerrick can sign up at http://ibn.fm/cfq2J

For more information, visit the company’s website at https://Jerrick.media

NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://ibn.fm/JMDA

• MCTC Holdings Inc. is rapidly advancing patented infusion technologies that deliver cannabinoid extracts to consumers in potent, minuscule particulate forms that are virtually undetectable once infused
• MCTC has recently announced production of its new Hemp You Can Feel™ Coffee Infusions tablets and powders, which allow food and beverage manufacturers to cleanly infuse their products in a simple, cost-effective manner
• The company’s announcement follows on the heels of rolling out its own branded coffee infusion, which is designed to avoid the chemical additives and harsh extract manipulations many other products have used

On the heels of launching its Hemp You Can Feel™ brand cannabinoid-infused clean label coffee, MCTC Holdings Inc. (OTC: MCTC) is introducing a new technology to help coffee companies and manufacturers of other beverages to produce clean label drinks of their own through a cannabinoid infusion process superior to commonly used systems in the marketplace.

MCTC’s Hemp You Can Feel™ Coffee Infusions are available either as a tablet containing cannabinoid infusions that can be added to coffee pods on a customer-customized basis, or as a cannabinoid powder for manufacturers with automated capabilities.

“We are now offering single-serving coffee manufacturers a superior method to infuse products with CBD and other cannabinoids,” CEO Arman Tabatabaei stated in the announcement (http://ibn.fm/aAH2q). “It is so revolutionary, we have filed two patents; one on the underlying powderization technology and another on the use of solid and powdered dosing forms for cannabinoids in single-serving beverage pods. With our new products, … even the smallest of single-serving pod manufacturers will be able to easily transform ordinary low margin products into products that are high margin and very profitable.”

MCTC is focusing its efforts on improving infusion technologies by developing its Hemp You Can Feel™ patents as a means of bio-delivering cannabinoid extracts in a highly efficient manner. The company is in the process of changing its corporate identity to Cannabis Global, Inc., to better brand its corporate strategy.

The Hemp You Can Feel™ Coffee Infusions utilize dual technologies that don’t use chemical additives, surfactants or other processing additives to get the oil-based cannabinoid extracts to mix with water-based beverages. When the Hemp You Can Feel extract infusions make contact with water, the cannabinoids and other ingredients are infused directly into the beverage with near 99 percent efficiency with minimal or no effect on the taste or other characteristics of the beverage, according to the company.

“It is truly scary what many CBD manufacturers are using to infuse CBD into products,” Tabatabaei added. “We provide everything in a premixed form that is simply added to the pod – we even provide a full certificate of analysis from third-party laboratories that can be included in product packaging to provide comfort to consumers that they are getting the potency and purity they deserve. Not only is this infusion system likely vastly superior to most processes currently being deployed, it is also likely a less expensive solution compared to attempting the complex infusion process in house.”

Infused foods and beverages have become an increasingly popular subsection of the cannabis industry. Following a year’s review of regulatory concerns in the nationally legal Canada cannabis culture, the country’s retailers opened their doors in December to a variety of infused products (http://ibn.fm/5Umbz). The United States’ sea change in courting cannabinoids has occurred on a state-by-state basis because of federal reluctance to embrace the cannabis plant’s possibilities, creating difficulties for infused food and beverage interests ranging from alcohol to dairy producers. But revenue and data analyses show societal enthusiasm clearly exists (http://ibn.fm/010WD).

MCTC introduced its own branded infused coffee product in January, using the same clean label technology (http://ibn.fm/qZv1I). The company is working with patent counsel to protect aspects of its technologies, including six applications for patents on its extract science. The company has also begun working on the development of polymeric cannabinoid nanoparticles and nanofibers that can infuse cannabinoids and glycosides at a previously unseen level.

For more information, visit the company’s website at www.CannabisGlobalInc.com

NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://ibn.fm/MCTC

• Fourteen matters resolved in 2019
• Four matters resolved or stayed pending settlement YTD
• Sixteen active licensing programs: 10 claim construction hearings and 12 trials docketed in 2020
• Patent licensing revenues totaled $2 million in first three quarters of 2019; full year results due March 30, 2020

Quest Patent Research Corp. (OTCQB: QPRC), a New York City-based intellectual-property asset manager, completed an active year of licensing programs, resolving 14 matters in 2019. With 16 active programs and a 2020 docket that currently includes 10 claim construction hearings and 12 trials, Quest is well positioned to maintain an active calendar across a solid portfolio of diverse intellectual property (IP) assets this year. A summary of the upcoming events is available at http://ibn.fm/4Xzzc.

The company settled actions with the likes of Amazon, TiVo, Pier 1 Imports, and Netgear to name a few. the company resolved two actions in 2019 with AsusTek Computer Inc, involving its wholly owned subsidiaries Photonic Imaging Solutions and Mariner IC, and resolved the case involving wholly owned subsidiary Semcon IP’s Power Management Portfolio on January 28, 2020.

By way of example, the Power Management/Bus Controller Portfolio, acquired by Quest from Intellectual Ventures in October 2015 and transferred to Semcon IP Inc., consists of four United States patents that cover basic technology for adjusting the processor voltage and clock to save power based on processor operating characteristics and one United States patent that relates to coordinating direct bus communications between subsystems in an assigned channel. Since acquiring the portfolio, Semcon has resolved matters against Texas Instruments, MediaTek, ZTE, Huawei, STMicroelectronics, Michael Kors, Kyocera and Amazon. Semcon currently has three pending matters involving the portfolio against TCT Mobile International, Louis Vuitton North America Inc. and Shenzhen OnePlus Science & Technology. Trials have been docketed in all three matters for the late third and fourth quarters of 2020, though all dates are subject to change by the court.

In a recent interview, Quest’s CEO Jon Scahill stated that the company “certainly saw significant activity in 2019, further demonstrating the value of our intellectual property portfolio. However, our goal as management is always to strive to do more, build more, and deliver more long-term value to our shareholders and partners. That means a continued focus on adding high quality assets to create more opportunities to do so.” With four matters already resolved or stayed pending settlement this year, and 16 active matters – and 12 trials docketed for 2020 – management appears to have Quest well positioned in that regard.

For more information, visit the company’s website at www.QPRC.com

NOTE TO INVESTORS: The latest news and updates relating to QPRC are available in the company’s newsroom at http://ibn.fm/QPRC

• Global vacation rental market estimated at 297 million users
• Industry currently expanding at CAGR of 6.9% from $57.7 billion in 2019
• InsuraGuest platform targets millions of rooms worldwide

The vacation rental market is booming as more and more travelers opt for the bespoke benefits that come with a hotel alternative. With the boom, however, come concerns about unexpected vacation problems – both minor and major. Property owners and guests need worry no more, for InsuraGuest Inc. is providing a suite of insurance products tailored to the vacation-rental industry.

Revenues from vacation rentals in 2019 grew at close to 7% annually, providing robust returns for the approximately 23,000 rental companies in the United States and the 115,000 or so scattered around the world. But as every savvy investor knows, returns can never be divorced from risk. For property owners, increased business means the increased likelihood of mishaps, misfortunes and misadventures. People fall, get burnt or cut, become the victims of crime or worse accidently die.

Unfortunately, protecting against such perils is difficult under most insurance policies, leaving both property owners and vacationers exposed to a host of risks. Fortunately, protection offered by InsuraGuest can mitigate the worse aspects of many mischances. This technology company is utilizing its proprietary flagship InsurTech (insurance + technology) software platform – InsuraGuest – to provide specialized insurance products to the business-to-business (B2B) vacation rental and hotel sectors. An InsuraGuest policy covers the gap between homeowners’, general liability, and travelers’ insurance.

Everyone seems to be going on vacation these days, with more than 297 million vacation-rental users worldwide. This is equivalent to the entire U.S. population going on vacation all at the same time. Business in the industry has been good since the likes of Airbnb and VRBO (Vacation Rental by Owner) made vacation rentals a chic thing. Recent reports indicate that vacation rentals are expected to match hotel bookings by the end of 2020 (http://ibn.fm/HkaIs).

Growth in the industry has been phenomenal, clipping along at a rapid CAGR of 6.9%. If that rate of expansion continues, vacation-rental revenues, estimated to be $57.7 billion for 2019, will climb to $86 billion by the end of 2025.

Naturally, with close to 300 million people traversing the globe, accidents will happen. But property owners are covered when they purchase InsuraGuest, which, in turn, offers the policy to registered guests for an additional nightly fee. The specialized policy affords coverage for theft of personal property while in the hotel, accidental in-room property damage, as well as accidental medical expense and accidental death and dismemberment, with policy limits ranging from $2,500 to $50,000.

InsuraGuest Inc. is presently focused on the B2B hotels and vacation-rentals sectors, where the company’s API integrates with clients’ property-management systems to offer guests a specialized guest-protection policy. The platform and policy combination InsurTech product help transfer the exposure to liability away from the property and property owner while guests still benefit from potential accident and loss coverage during their stays. InsuraGuest’s platform is currently capable of integrating with approximately 71 different hotel and vacation rental-property-management systems, linking to millions of rooms worldwide.

InsuraGuest Inc. is currently focused on the U.S. market and expects to be licensed to sell insurance in every state in the near future. However, the company is eyeing the much-larger European market. Despite its immense size, the United States only accounts for 20% of the global vacation-rental market. Europe, with 60%, leads the world, with all other regions accounting for the remaining 20%.

Accordingly, InsuraGuest Inc. is pursuing expansion opportunities. The company recently signed a letter of intent with a master general agent in the United Kingdom and Europe to distribute its platform and products to hotel and vacation-rental markets in those regions. The company also plans to expand to Asia in 2020.

For more information, visit the company’s website at www.InsuraGuest.com

NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://ibn.fm/InsuraGuest

• Additive manufacturing for automotive production expected to reach nearly $10 billion in yearly sales by 2030
• Forecasts based primarily on automotive 3D-printing, end-use parts production
• SGLB’s proprietary, real-time, computer-aided, inspection technology enables nondestructive quality assurance during production process

Forecast to see explosive growth in the automotive industry by the year 2030, additive manufacturing (3D printing) provides numerous benefits to auto manufacturers. Much of the anticipated growth is expected to come from end-use parts production, an area where Sigma Labs Inc. (NASDAQ: SGLB), the only known producer of quality assurance software for the commercial 3D-printing industry, may provide significant advantages.

A recent 3D Printing Media Network article by Davide Sher reported that “all revenue streams associated to AM for automotive production (not including prototyping) are now expected to add up to nearly $10 billion in total yearly sales by the end of this decade.” This graph illustrates the phenomenal growth projections (http://ibn.fm/lpIZR).

These projections are based primarily on automotive 3D-printing in end-use parts production, which industry experts say is now fully within reach and is going to enable additive manufacturing to finally scale up. The term “end-use parts” indicates both final automotive parts and tools, including molds, dies, jigs and fixtures as well as custom assembly tools that are used in the automotive production process.

Even with the $10-billion industry forecast, the 3D Printing Media Network article noted that the value proposition for additive manufacturing in automotive mass production may still be difficult to accurately quantify. “The difference is that until a few years ago, this value proposition was almost nonexistent (except for prototyping and some tooling),” wrote Sher. “Now the value proposition exists, and its potential is very significant.”

Sigma Labs is well positioned to exploit and help support the forecast burgeoning growth of 3D metal printing in the automotive space. An industry pioneer and leader in 3D printing software, Sigma Labs has developed a proprietary, real-time, computer-aided, inspection (CAI) technology, PrintRite3D(R), that enables nondestructive quality assurance during the production process. Representing a breakthrough in technology, PrintRite3D is the only real-time, in-process, quality-assurance software for the commercial 3D metal printing industry. With explosive potential of 3D printing in the automotive space, SGLB’s revolutionary technology could be an essential catalyst of the expected growth.

Sigma Labs was founded in 2010 and has since become the go-to, 3D-printing expert for real-time, computer-aided inspection (CAI) solutions. Managed by experts from many different science disciplines such as metallurgy, physics, signal processing, mechanical engineering, optics, software AI and ML, data analytics and visualization, the company has established credibility and efficacy within highly demanding industries such as aerospace, defense, biomedical and transportation.

The 3D Printing Media Network article attributes the tremendous industry potential in part to manufacturers of “traditional” additive-manufacturing technologies for both polymers and metals working to optimize the end-to-end, 3D-printing production process. That optimization stems from introducing additional elements of automation, improving software that runs the AM process and developing new designs that take full advantage of AM technologies.

“The reason why [manufacturers] finally did this is that the pressure is on from a number of new entry AM firms (HP, Carbon, Desktop Metal) that have been introducing faster and more cost-effective processes, the so-called planar processes, specifically with automotive mass production in mind,” said Sher. “The implications of this ‘clash of titans’ will be seen more clearly over the next decade, but my opinion is that this will greatly benefit adoption, pushing large automotive firms to continue to invest large sums of money even if the short-term financial benefits from AM applications are not as immediately clear as they may be in other segments.”

At the forefront of this incredible manufacturing revolution, Sigma Labs could easily find its one-of-kind software integrated into the 3D manufacturing process throughout the automotive industry.

For more information, visit the company’s website at www.SigmaLabsInc.com

NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB

• SinglePoint recently discussed solar, other programs on MoneyTV interview
• Company’s emphasis is diversification and M&A strategy
• SING provides investors the opportunity to make investments across broad set of assets

Emphasizing new technologies, SinglePoint Inc. (OTCQB: SING) specializes in the acquisition of small to mid-sized companies. The company focuses on diversification into horizontal markets and has an acquisition-based business strategy. Headquartered in Phoenix, SinglePoint provides investors the opportunity to make investments across a broad set of assets, with an emphasis in new technologies.

Recently, SinglePoint president Wil Ralston discussed the company’s major programs with Donald Baillargeon during MoneyTV’s 1,100th episode. Ralston noted that the company had had a record-breaking year last year. Using 2019 as a dynamic springboard, Ralston said that 2020 will be a year where SinglePoint concentrates on solar.

Ralston envisions the company’s Direct Solar subsidiary doing greater than $8 million in revenue this year. To fuel that growth, Direct Solar is rolling out its commercial and financing initiatives. While specific details haven’t been worked out, Ralston said the company is working on several different ways to advance these programs.

Ralston noted that the upcoming election should draw considerable media attention toward solar and renewable energy, which will be beneficial to Direct Solar. SING believes that with that attention, a growing number of potential customers – and investors – will investigate publicly traded solar companies, especially those that do installs such as Direct Solar.

Direct Solar continues to garner residential projects, and the company will maintain its emphasis on the residential market even as it evaluates areas for growth. With its residential program, Direct Solar can open up any market within approximately one week. Currently Direct Solar operates in 20 cities in 11 states, with a growing number of representatives out in the field doing canvassing, marketing and sales.

Direct Solar can also service commercial buildings, and Ralston observed that there is significant money to finance both residential projects as well as larger commercial projects. While the company has performed well in these areas, a significant niche market for Singlepoint, he states, has been in smaller commercial projects – within the $500,000 to $5 million range – as funding for mid-scale initiatives has been lacking. He noted that with its network of contractors, Direct Solar can roll up financing to fund multiple different projects, presenting a viable solution for small commercial businesses to reap the financial benefits of solar.

In addition to its solar program, and as an element of its diversification strategy, SinglePoint is excited about the potential of its 1606 Original Hemp offering. SING’s exclusive 1606 Original Hemp product line features a pre-rolled, filtered hemp cigarette that is 100% tobacco and nicotine free. And 1606 Original Hemp isn’t SinglePoint’s only foray into the cannabis space – by way of its subsidiary company SingleSeed, the company provides products and services to this promising industry. SingleSeed has become a hub for cannabis dispensaries looking for merchant payment-processing solutions and other business tools (http://ibn.fm/XGw2c).

Rounding out its current diversification model, SinglePoint also centers on mobile-payment applications. The design of the company’s payment-processing solution is to meet the precise needs of each unique business it serves (http://ibn.fm/LwU0D). Processing solutions include retail, retail with tip, restaurant, mail order/telephone order (MOTO) and internet/e-commerce.

SinglePoint offers a varied holding base for manifold revenue streams with its Direct Solar subsidiary earning more than $1 million a month in contracts. For investors, company leaders believe that 2020 will be the biggest year in SinglePoint’s history. With its diversified M&A model, SING offers the potential for ROI with a platform that centers on sustainable growth and expansion into key markets.

For more information, visit the company’s website at www.SinglePoint.com

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING

• CEO anticipates SING will surpass $10 million in gross revenues this year
• SinglePoint plans to drive 2020 vision through organic growth in high-value, high-opportunity markets and synergistic acquisitions
• Company to focus on Direct Solar, 1606 Original Hemp product line

SinglePoint Inc. (OTCQB: SING) founder and CEO Greg Lambrecht thanked all 24,000-plus SING shareholders in a letter sent out this month (http://ibn.fm/tNUlF). The letter also outlines the company’s strategic plan for the new year, including a forecast that SinglePoint will reach $10 million in gross revenues this year, based primarily on the company’s focus on solar and the launch of 1606 Original Hemp, SING’s line of proprietary hemp products.

Last year was a strong year for SinglePoint in terms of continued fundamental improvement and establishing the foundation for anticipated continued growth, Lambrecht stated. Milestones for the year included becoming fully reporting with the Securities and Exchange Commission (SEC), increasing annual revenue and acquiring a majority interest in Direct Solar, the company’s solar subsidiary. “We will continue to focus on creating shareholder value utilizing an acquisition strategy looking for emerging growth companies that would benefit from exposure and access to capital that a public company can provide,” Lambrecht noted in the letter.

Looking forward to 2020, SING “has set an internal goal to surpass $10,000,000 in gross revenues, primarily by the company’s subsidiary SinglePoint Direct Solar,” the CEO said. “We plan to drive our 2020 vision through organic growth in high-value, high-opportunity markets, scale and grow revenue through synergistic acquisitions, and invest in and develop exceptional talent within our organization and our subsidiaries.”

SING acquired Direct Solar in mid-2019, and the company grew at a greater rate than anticipated, expanding across 11 states and developing into a scalable business model that continues to attract talented industry business professionals who are focused on accelerating the company’s national footprint expansion. “The 2020 domestic solar market is showing continued signs of riding a new tailwind driven by talks of a new green deal,” Lambrecht observed. “We anticipate that renewables will continue to be an important issue around the country and plan to focus the majority of our attention on growth in the solar and renewables space… We are not alone in our belief in the emerging renewable energy market; recently Goldman Sachs has announced a $4,000,000,000 fund for renewable energy.”

In addition, the company will strengthen its 1606 Original Hemp brand, which was launched at the 2019 National Association of Convenience Store Show (“NACS”). This exclusive line of products capitalizes on the emerging trend in the smokable hemp market and has already been picked up by distributors and retail outlets, Lambrecht reported. “We are encouraged by the reception and demand this new product category received at [NACS],” he said. “Our success at NACS with the smokable hemp product allowed SinglePoint to secure a distribution agreement to distribute PrimeTime Flavored Cigars with Japan Tobacco USA, a division of Japan Tobacco International which operates in over 130 countries.”

In the shareholder letter, Lambrecht outlined SinglePoint’s consistent growth for the past two years, noting that from 2017 to 2018, SING’s gross revenue increased more than 344%, and gross revenues for 2019 are expected to total $3 million, representing the company’s largest annual reported revenue in company history. “In 2020 we expect this revenue increase to continue as SinglePoint will benefit from a full operating year of Direct Solar,” Lambrecht said. “Management is optimistic that the establishment of solid fundamentals and the continued growth of the company provides the opportunity to drive the company’s market cap and overall shareholder to exceed historical levels.”

Founded in 2011, SING invests in and acquires brands and companies that will benefit from injection of growth capital and the company’s sales and marketing expertise. SinglePoint’s portfolio currently includes solar renewables, hemp and distribution tobacco products. SinglePoint is working to grow to a multinational brand.

For more information, visit the company’s website at www.SinglePoint.com

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING

• Numerous companies, including Volkswagen, BMW and Jaguar Land Rover, are piloting and deploying 3D-printing technology
• Significant improvements in 3D-printing technology primary reason for market expansion
• SGLB, along with exclusive PrintRite3D software, providing game-changing technology for 3D printing

A recent report predicts that worldwide spending on 3D printing product and services will hit $15.8 billion in 2020, increasing to $35.6 billion in 2024 (http://ibn.fm/JLbIZ). That significant increase comes primarily from improvements in 3D printer technology and expansion of available materials. Sigma Labs Inc. (NASDAQ: SGLB) is leading the charge for 3D printing improvements through its proprietary PrintRite3D® software.

One industry in particular that is closely evaluating the potential for 3D metal printing is auto making, according to a recent Industry Week article (http://ibn.fm/LRpCA). “One of the most urgent transportation demands is the need for more electric vehicles to lower emissions and move people quickly and efficiently,” the article states. “Volkswagen who is among the leaders with the ID.3 – the automaker’s first mass-market electric vehicle – will eventually utilize 3D printed components. More broadly, many major automakers, including BMW [and] Jaguar Land Rover, are also piloting or deploying 3D printing technology to trim vehicle weights, speed parts production and reduce costs.”

The article points to significant improvements in 3D printing technology as a key reason for this market expansion into the world of cars, including higher parts quality and manufacturing-grade accuracy and repeatability. “In addition, 3D printing solution providers are using machine learning (ML) for heightened process control,” the article reported. “All of this has resulted in significantly better Overall Equipment Effectiveness (OEE) and larger addressable markets.”

For the auto industry to embrace 3D printing in the manufacturing of vehicles, the 3D metal-printing industry must be able to increase production speed and quality yields as well as decrease the excessive cost of quality control. To do that, parts need to be inspected and certified during the manufacturing process rather than after, which is currently the process. In addition to recognizing real-time, quality-control problems during the manufacturing process, viable technology must allow machine operators to stop the printing process and implement repairs.

That is exactly what SGLB’s PrintRite3D software does, enabling both real-time, in-process detection of quality-control manufacturing irregularities and then providing the operator with actionable information needed to adjust and mitigate the developing anomaly. Sigma Labs’ software represents a paradigm shift in the quality-control process for the manufacture of 3D- printed-metal components.

The software could be a game changer for the world of auto making, where one vehicle – a self-driving bus named Olli – is entirely 3D printed and is capable of transporting about eight people and reaching peak speeds of 25 mph while going up to 100 miles on a single charge, according to the Industry Week article. “Olli is no speed demon, to be sure, but it has successfully demonstrated the ability of 3D printers to produce strong, lightweight components for road-worthy use cases.

“So much is occurring in the auto industry that it’s not difficult to predict automakers will continue to unlock opportunities for using metal and plastic 3D printing systems next year,” the article concluded. “In fact, a recent ARC report projects the automotive 3D printing market will experience a compound annual growth rate (CAGR) of 24.6% through 2026, when it will be worth $3.9 billion.”

Sigma Labs’ flagship PrintRite3D software is a recognized game changer in the disruptive technologies poised to transform the nascent 3D-printing industry, enabling more rapid commercial applications and growth at scale. Though with a current valuation of only about $15 million, Sigma Labs Inc. is a convincing platform from which to launch into the rapidly growing 3D-printing market.

For more information, visit the company’s website at www.SigmaLabsInc.com

NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB

• Recent data-privacy concerns cause social media backlash, result in millions of lost users
• SRAX enables users to earn compensation for sharing data, creates reliable data sets marketers can access
• Company recently partnered with Indian firm, facilitating entry into growing digital-ad market valued at $3.6 billion

The refusal of Facebook to revise its tracking practices (http://ibn.fm/hOtF9), along with increased concerns about data privacy, are among many reasons why the behemoth platform has decreased in popularity, losing 15 million users since 2017 (http://ibn.fm/VHHMV). SRAX Inc. (NASDAQ: SRAX) is a digital marketing and consumer data management technology company that is countering this trend through BIGtoken, its consumer managed data marketplace that enables users to own and earn from their data. The proprietary platform is giving the industry much needed user transparency and compensation, in addition to creating reliable data sets that can be sold to marketers.

Awareness among users about data privacy continues to increase as evidenced by the recent controversy caused when Facebook released a statement about refusing to change its mode of operations by use of a loophole in the California Consumer Privacy Act. Stating that its service doesn’t directly sell user data, Facebook claims it is exempt from the legislation because of its perceived function as a facilitator in the exchange of data. While Facebook’s refusal is still pending review by the Attorney General, major impacts will be experienced throughout the industry if the high court rules against the company.

SRAX addresses all these concerns and stays ahead of the curve on industry trends by giving customers the power to choose, provide and earn from their data through the company’s patented BIGtoken platform. This proprietary technology offers tools that allow users to select, approve and monetize their data while at the same time creating anonymous and reliable data sets that marketers can access for a fee. Since social media users are becoming increasingly aware of how most companies are collecting and making money from their data, SRAX offers an alternative symbiotic relationship that benefits both users and marketers.

Mounting concerns of privacy issues paralleled with increasing awareness of the BIGtoken platform has resulted in increased use of the service, currently at over 16 million users. This market shift is expected to continue while new privacy laws emerge affecting how digital marketers can reach consumers. Since BIGtoken already operates in compliance with those laws, the platform is expected to withstand changing regulations as its user base continues to grow.

Due to the transparent nature of the platform, SRAX provides relevant and accurate data that users select and share with permission. This provides SRAX with increasingly reliable data sets across many industry verticals, accurately identifying target consumers for brands and companies in the CPG, investor relations, luxury, and lifestyle spaces, keeping those brands ahead in the competitive curve with high-quality data.

SRAX is growing internationally by launching BIGtoken into several international markets through the creation of local joint ventures. The Company’s recent partnership with Mumbai-based Yash Birla Group, with diversified interests in both consumer and industrial products, will give SRAX access to India’s estimated digital population of 627 million. One of the largest growing digital ad markets in the world, India has an estimated value of $3.6 billion, with expectations to grow at a compound annual growth rate of 32%.

SRAX Mexico, with a team of 90 employees and 70 engineers, is also at the forefront of the Company’s expansion, along with plans for BIGtoken Europe to offer the platform in multiple languages in the future.

For more information, visit the company’s website at www.SRAX.com

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX